Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
You know the company is not held in high or even moderate regard when the shares plummet following the merger announcement, and fall even more when the merger is killed off. This is a statement about the board and the lack of faith in them. I suppose that as usual even if they do fall on their swords (no chance) or are ousted (microscopically small to zero chance) they will be obscenely rewarded for their failure and will no doubt go on to secure another lucrative sinecure destroying other companies.
Sad but true.
Love your Freudian spelling there, shard. The definition of shard is a bit, piece or fragment. Describes the current share price perfectly.
Typical of someone desperate, to pick up on an unimportant point in order to attempt to discredit the main thrust, which is that the market is very obviously not impressed with the "news" by whatever channel it is released for dissemination. I am not a deramper or wind up merchant, I am quite simply someone that is massively down on my investment and feeling very unhappy with the company, and negative on its future prospects. If you want to point the finger at anyone, try gccra who is to put it mildly over enthusiastic regarding the company's prospects.
In case you missed it. AVN share price drops almost 11%. You might almost think that the market does not believe/care about the latest RNS. I wonder why.
My opinion for what it's worth, and relevant to my circumstances only, is to hold and pick up more shares at low prices with the dividends, selling them if as and when the share price rises to a level that is too tempting to pass up. In terms of whether to buy or not, that will depend on your (gu)estimation of the company's prospects, your risk appetite and your personal circumstances. In short, the divi is very good and the stock (you would think) is safe if not spectacular. you pays your money.
I on the other hand am fascinated by the fact that you still believe anyone with a contra view to your own crazed ramping is part of some conspiracy. At least those of us who hold a negative view of the company's prospects have facts, numbers and logic to back up our convictions. What have you got? Apart from a messianic belief that is.
I cannot for the life of me see why there are so many optimistic posts for a RNS that is entirely regurgitated news. I understand the desire to have a warm and comforting view of the company, after all I am a shareholder too. However, if you pay even the slightest attention to the numbers it is obvious that there is simply not enough revenue. End of.
I would be happier if Elon Musk aimed them towards Avanti Head Office.
Whilst a 300p per share offer would be wonderful, it would not offset the multitude of other financial robbery imposed on us by a labour government. Fortunately there is as much chance of corby becoming pm as there is of me winning strictly, and the phrase two left feet was invented for me.
Still at it eh........ Ramping this dog from £3.50 all the way down to 5p and still going. And you believe that other posters have an agenda??????
So many people on this board believe that the orders will now start to "flow in" following H4's successful move to it's final orbital slot. They (Avanti) should have been selling this like crazy over the last couple of years or so, it is madness to think that they have to wait until now to begin selling capacity. That being the case you would have to assume that no news is bad news and that there are no sales to date, or certainly no meaningful ones. Collaborations, tie ups, joint ventures etc etc do not pay the bills, it is sales, sales, sales, on which there is a deafening silence.
Well, it finally happened, I could not take it any longer, so I sucked the mop and sold out, taking the (large) loss like a man (booo hooo). I could not stand the thought of listening to gd's bullpoo whilst watching my investment shrivel. About the only useful thing that I will hopefully get from my investment in pfd will be to offset the loss I had against other investments that are looking very promising at the moment. Good luck to all you diehards still invested here, I think you're going to need it.
Tracker2009 signing off.
Must be in the genes. My dad who passed away a couple of years ago left a portfolio with Avanti Capital shares being part of it. They were a complete bunch of shysters, always involved in financial machinations aimed at parting their investors with even more of their hard earned in order to keep the directors living the life of reilly at their expense. The next generation, me, bought shares in a company called Avanti Communications, a complete bunch of shysters always involved in financial machinations aimed at parting their investors with even more of their hard earned in order to keep the directors living the life of reilly at their expense. Admittedly, AVN were more incompetent than fraudulent but hey, same result, private investors shafted. My dad would (not) have been proud of me.
I'm not sure why Brexit in whatever form it takes should have a significantly adverse affect on housebuilders. The demographics are still there with migration into the UK continuing to outstrip departures by a couple of hundred thousand per year. Demand will remain strong for the foreseeable future, which will underpin sales and hopefully profits.
There are always 2 sides to every story, and the flipside of your good value to buy, is my (and others) unhappiness at the collapse in the share price since the rescue of Banco Popular, which I did actually predict at the time. I'm not sure where you arrive at the significantly improved business model either, as any improvements they may (or may not) have made, obviously have not convinced the market as the share price confirms. A low P/E is as often a sign to avoid as it is to buy. Still, you pays your money and you takes your chance.
Totally agree with your points re director remuneration and the blame/praise dichotomy. I would go on to say that it is far from limited to AV. Pretty much the same could be said for the vast majority of businesses where there are paid professionals running them that seem to be an integral part of any success but totally insulated from any failures. This is something I have been banging on about for years, seemingly a voice in the wilderness. Surely to god the non execs of companies are capable of putting together a remuneration package that rewards success but more importantly punishes failure. Or are we too far down the line of illusion as opposed to actuality, just like politics?
I have been spotting worldgoround on various other companies BB's and it is the same kind of drivel on them also. I'm not sure whether he is on medication, isn't on medication but should be or a troll. Probably best just to take his posts with a (very large) pinch of salt.
You are obviously talking about the potential to lose investors shedloads of money. You have talked this share up all the way down to a fraction of it's former SP. You make sneering references to anyone that does not share your viewpoint, or more likely agenda. Let's face it, you have been wrong on every single prediction you have made, and the company is now teetering on the brink of insolvency. Some potential.
I have been making this point (Banco Popular) since July 10th last year on here, and I still firmly believe that it is (or at least is very similar to) the HBOS scenario in the UK. Governments in collusion with high ranking directors playing fast and loose with our money. You would think that they (the directors) would be held to account via their fiduciary duty, but hey, that would be in a fair world wouldn't it?
You may be right, but it is hardly a ringing endorsement is it? I would guess that the main reason that folk are staying put (in others as well as here) is that with interest rates as they are there is pretty much no choice. Lets face it, it is just too much hassle to go changing your account for fractions of a percent.